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An update from Skanska AB ( ($SE:SKA.B) ) is now available.
Skanska has agreed to divest a mixed-use residential and hotel project on Ørestads Boulevard in Copenhagen to Urban Partners for DKK 608 million (about SEK 890 million), with the deal booked in the fourth quarter of 2025 and property transfer scheduled upon project completion in summer 2028. The 13,100 square metre development, comprising 210 residential units and 143 hotel apartments, is designed to alleviate the shortage of flexible city housing in Ørestad, feature shared facilities and a generous courtyard to foster community, and meet DGNB Gold sustainability standards, leveraging its strong transport links to the Metro, regional rail and motorway network to enhance its appeal for future residents and guests.
The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK266.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
More about Skanska AB
Skanska Group is one of the world’s largest construction and project development companies, generating SEK 177 billion in revenue in 2024. The group operates across selected markets in the Nordics, wider Europe and the United States, focusing on innovative and sustainable solutions for buildings and infrastructure, supported by approximately 26,300 employees and a strong emphasis on long-term, environmentally certified development.
Average Trading Volume: 769,900
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK107B
Find detailed analytics on SKA.B stock on TipRanks’ Stock Analysis page.